Series B+ open · $50M target to advance pivotal PTSD trial · Q1 2027 initiation

Pipeline · Six indications

One platform. Six trials.

Six Phase II trials active across PTSD (NYU Langone, UNMC), SAD (NYU Langone), OUD (UCLA, Yale), and smoking cessation (UCLA), with childhood epilepsy and Alzheimer's programs in plan finalization. Lead readout from NYU Langone PTSD expected Q1 2026.

6 trials
Active Phase II
ATL5 · A1002
Compositions
NYU·UCLA·Yale·UNMC
Sites
$17M
NIH funding to PIs
Q1 2026
Lead readout

Portfolio map

The whole pipeline at a glance.

Indication / assetStageNext readout
Post-traumatic stress disorder
Nantheia™ ATL5
Q1 2026
Social anxiety disorder
Nantheia™ A1002
Q1 2026
Opioid use disorder
Nantheia™ ATL5
Q3 2026
Smoking cessation
Nantheia™ ATL5
Q4 2026
Childhood epilepsy
Nantheia™ ATL5
2027+
Alzheimer's disease
Nantheia™ ATL5
2027+

01 · Nantheia™ ATL5

Phase II

Post-traumatic stress disorder.

Lead program. Two randomized double-blind placebo-controlled Phase II trials (NYU Langone N=87, recruitment complete; University of Nebraska Medical Center N=140, in progress with 77 randomized). CAPS-5 primary endpoint, 8-week dosing. Multi-center pivotal trial (N=350) initiation Q4 2026; NDA filing Q3 2028.

Population
13M adults · US · $16B global
Trial site
NYU Langone · UNMC
Sample
N = 87 (NYU) + 140 (UNMC)
Readout
Q1 2026
Design
RCT, double-blind, placebo-controlled
Primary endpoint
CAPS-5 (FDA-approved)
Dosing period
8 weeks
Sites
NYU Langone + UNMC
Investigators
Marmar, Blessing, Simon, Ross (NYU) · Rizzo (UNMC)
Status
NYU recruitment complete · UNMC enrolling

Development stage

Preclinical
Phase I
Phase II
Phase IIbcurrent
Phase III
NDA

02 · Nantheia™ A1002

Phase IIa

Social anxiety disorder.

NIH-funded investigator-sponsored randomized controlled Phase IIa trial at NYU Langone, led by Naomi Simon, MD. Primary endpoint: Trier Social Stress Test (TSST). 21-day treatment duration. Phase II initiation planned Q4 2026 under NIH R33 grant.

Population
15M adults · US · $11.6B global
Trial site
NYU Langone · NIH-funded
Sample
N = 60
Readout
Q1 2026
Design
Randomized controlled trial
Primary endpoint
Trier Social Stress Test (TSST)
Treatment duration
21 days
Site
NYU Langone
Principal investigator
Naomi Simon, MD
Status
Phase IIa readout Q1 2026

Development stage

Preclinical
Phase I
Phase IIcurrent
Phase IIb
Phase III
NDA

03 · Nantheia™ ATL5

Phase II

Opioid use disorder.

Two NIH-funded investigator-sponsored Phase II trials. UCLA (PI: Edythe London) tests cue-induced opioid craving reduction over 28 days, N=40. Yale (PI: Joao P. De Aquino) studies a THC/CBD combination for pain and cue-induced craving in OUD comorbid with chronic pain, N=120. Yale OUD final readout Q3 2026.

Population
9.3M adults · US · $3.93B global
Trial site
UCLA · Yale
Sample
N = 40 (UCLA) + 120 (Yale)
Readout
Q3 2026
Design
RCT, NIH-funded · investigator-sponsored
UCLA endpoint
Reduction of cue-induced opioid craving
UCLA duration
28 days · PI: Edythe London
Yale design
THC/CBD combination · PI: Joao P. De Aquino
Sites
UCLA + Yale
Status
Both trials enrolling

Development stage

Preclinical
Phase I
Phase II
Phase IIbcurrent
Phase III
NDA

04 · Nantheia™ ATL5

Phase II

Smoking cessation.

Investigator-sponsored Phase II trial at UCLA testing CBD's anxiolytic and craving-reduction profile in smoking cessation. Final data readout expected Q4 2026.

Population
US adults
Trial site
UCLA
Sample
N = 120
Readout
Q4 2026
Design
Randomized controlled · Phase II
Site
UCLA
Investigator
UCLA neuropsychiatric program
Status
Enrolling · readout Q4 2026

Development stage

Preclinical
Phase I
Phase II
Phase IIbcurrent
Phase III
NDA

05 · Nantheia™ ATL5

Preclinical

Childhood epilepsy.

Differentiated PK profile against FDA-approved Epidiolex® (82% higher Cmax in 24-subject 4-way crossover study). De-risked by Epidiolex precedent (>$1B 2025 net sales, $35K/yr WAC). Plan to be finalized Q4 2026; Phase II initiation targeted Q2 2027.

Population
$4.2B childhood epilepsy · $12.3B global epilepsy
Trial site
Plan finalization
Sample
TBD
Readout
2027+
Foundation
24-subject 4-way crossover PK study
PK advantage
82% higher Cmax vs Epidiolex®
Reference comparator
Epidiolex® (Jazz Pharmaceuticals)
Status
Plan finalization Q4 2026

Development stage

Preclinical
Phase Icurrent
Phase II
Phase IIb
Phase III
NDA

06 · Nantheia™ ATL5

Preclinical

Alzheimer's disease.

Targets neuropsychiatric symptoms in Alzheimer's disease. Provisional patent in progress. Plan to be finalized Q4 2026; Phase II initiation targeted Q4 2026.

Population
US adults
Trial site
Plan finalization
Sample
TBD
Readout
2027+
Status
Plan finalization Q4 2026
IP
Provisional patent in progress
Phase II initiation
Q4 2026 (targeted)

Development stage

Preclinical
Phase Icurrent
Phase II
Phase IIb
Phase III
NDA